Company No: 04807956 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Mark Fenton
	Christopher Simpson

REGISTERED OFFICE	Wellington House
	York
	United Kingdom

COMPANY NUMBER

04807956 (England and Wales)

ACCOUNTANT	Ian Walker & Co
	Wellington House
	Aviator Court
	Clifton Moor
	York
	YO30 4UZ
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	5,786		6,599
Investments	4	179,785		202,608
		185,571		209,207
Current assets
Debtors	5	65,784		57,551
Cash at bank and in hand	6	73,390		83,657
		139,174		141,208
Creditors: amounts falling due within one year	7	( 164,506)		( 180,697)
Net current liabilities		(25,332)		(39,489)
Total assets less current liabilities		160,239		169,718
Creditors: amounts falling due after more than one year	8	( 11,667)		( 10,000)
Provision for liabilities	9, 10	( 1,274)		( 1,501)
Net assets		147,298		158,217
Capital and reserves
Called-up share capital	11	300		300
Revaluation reserve		( 7,500 )		( 7,500 )
Profit and loss account		154,498		165,417
Total shareholders' funds		147,298		158,217

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Fenton Simpson Financial Services Ltd (registered number: 04807956) were approved and authorised for issue by the Board of Directors on 18 December 2025. They were signed on its behalf by:

Mark Fenton Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Fenton Simpson Financial Services Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Wellington House, York, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

6.67 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	16		19

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2024	62,127		62,127
Additions	1,388		1,388
At 31 March 2025	63,515		63,515
Accumulated depreciation
At 01 April 2024	55,528		55,528
Charge for the financial year	2,201		2,201
At 31 March 2025	57,729		57,729
Net book value
At 31 March 2025	5,786		5,786
At 31 March 2024	6,599		6,599

4. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 April 2024	202,608		202,608
Disposals	( 22,823)		( 22,823)
At 31 March 2025	179,785		179,785
Carrying value at 31 March 2025	179,785		179,785
Carrying value at 31 March 2024	202,608		202,608

5. Debtors

	2025		2024
	£		£
Trade debtors	21,790		12,410
Other debtors	43,994		45,141
	65,784		57,551

6. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	73,390		83,657

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	10,000		21,667
Trade creditors	4,806		2,507
Taxation and social security	27,006		44,237
Other creditors	122,694		112,286
	164,506		180,697

8. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	1,667		0
Other creditors	10,000		10,000
	11,667		10,000

There are no amounts included above in respect of which any security has been given by the small entity.

9. Provision for liabilities

	2025		2024
	£		£
Deferred tax	1,274		1,501

10. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 1,501)		( 1,762)
Credited to the Statement of Income and Retained Earnings	227		261
At the end of financial year	( 1,274)		( 1,501)

11. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
200 Ordinary shares of £ 1.00 each (2024: nil shares)	200		0
100 Ordinary B shares of £ 1.00 each (2024: nil shares)	100		0
	300		0